When All Else Is Out of Bounds, Zap Labor
From Nixon’s wage controls to today’s interest rate hikes, the fight against inflation has targeted labor.
Latest news (Page 58)
King, Where Are Your People Now
. (1) March on Washington anniversary: A few items on today's 50th anniversary of the 1963 March on Washington
Quick Links
A few quick links before the weekend: * The New York Times had a good piece by Steven Greenhouse on the
How a Progressive Tax System Made Detroit a Powerhouse (and Could Again)
In 1995, we encountered a group of economic advisors to Governor John Engler of Michigan, intent on cutting property taxes.
Krugman on Kalecki ... and Marx
If you read the interview with Bob Pollin in our current issue, Beyond Debt and Growth, then you saw the
Frackonomics, etc.
. (1) Frackonomics: We've posted our July/August cover story, Frackonomics: The Science and Economics of the Gas Boom,
Fast-Food Workers, Ethics, and More on Detroit
(1) Fast-Food Workers Strike: I posted the other day about the campaign to embarrass McDonald's about its
Obama Speech, Detroit, McDonald's
(1) Obama's Knox College Speech: Today's post will be brief, because it's Friday afternoon.
The Economics Anti-Textbook: A Critical Thinker’s Guide to Microeconomics, by Rod Hill and Tony Myatt
It was the perfect “natural experiment:” in April 1992, New Jersey’s minimum-wage was scheduled to rise from $4.
Robert Pollin: Beyond Debt and Growth
Our July/August issue is almost out; we will be sending out the electronic version to e-subscribers early next
NYT Sneers at MMT, etc.
This one is for the demise of (part of) DOMA; hat-tip to Patrick C. (New Hope Church is an
Collapsing Investment and the Great Recession
Investment in real inputs--structures and machinery used to boost future output and productivity--is one of the ways that